High-Yield Savings Accounts
Advantage Savings
Earn a great interest rate and maintain access to your cash with a high-yield savings account from Principal Bank. Interest rates for our high-yield Advantage Savings Account are indexed to the federal funds rate to keep your rate competitive. Our high-yield savings account offers:
- Tiered interest rates: higher rates for higher balances
- 24/7 online account access
- Three withdrawals each month*:
- Transfer to your Principal Bank checking account online or by phone
- Transfer money to your accounts at other financial institutions with Principal Bank Money Movement or through the Automated Clearinghouse (ACH)
- Wire funds to your account at another financial institution
- Have a cashier's check mailed directly to you
*A fee of $10 per transaction applies if this limit is exceeded. See Schedule of Fees for other types of fees that may apply.
Check current rates for Advantage Savings.
Open your high-yield savings account today online or call a personal banker at 1.800.672.3343 to open your account over the phone.
Plus, you have five ways to make deposits to your Advantage Savings account:
- Electronic deposit
- U.S. mail
- Telephone transfers
- Wire transfers
- Money Movement
Apply in the name of a Trust, Estate, Guardianship, Conservatorship, or UTMA.
